McDonald's (MCD) Q2 Sinks Bullish Thesis

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Go back to McDonald's (MCD) Q2 Sinks Bullish Thesis

McDonald's (MCD) Sees Larger FX Impact in FY13; Margins Pressured on Food Inflation

July 22, 2013 11:33 AM EDT

The following are a few key points from McDonald's (NYSE: MCD) quarterly conference call:Foreign exchange now expected to cost 7 to 9 cents of EPS in FY13, versus prior expectations of a 1 to 2 cent impact

CapEx cut by $100 million to $3.1 billion... More

McDonald's (MCD) Misses Q2 EPS by 2c; Comps Up 1%; Rest of FY13 Will be 'Challenged'

July 22, 2013 7:59 AM EDT

(Updated - July 22, 2013 8:08 AM EDT)

McDonald's Corp. (NYSE: MCD) reported Q2 EPS of $1.38, $0.02 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $7.08 billion versus the consensus estimate of $7.1 billion.

Global comps up 1.0 percent.

U.S.... More